An economist from which school of thought would most likely accept the following- "The wide acceptance and practice of activist government fiscal policy."
A)Traditional classical economics
B)Neoclassical economics
C)Marxist economics
D)New monetarist economics
E)Keynesian economics

Question

Quizplus · Accepted Answer

Keynesian economics is known for its advocacy of activist government policies, especially fiscal policy, to stabilize the economy during economic downturns. This idea is based on the belief that government intervention is necessary to combat recessions and promote economic growth. Therefore, an economist from the Keynesian school of thought would most likely accept and support the wide acceptance and practice of activist government fiscal policy.

An Economist from Which School of Thought Would Most Likely